Possibility Space

Possibility Space

Develops and sells independent, story-driven games

Overview

Possibility Space is a distributed game development studio that creates high-quality, immersive video games. Its remote-first team works from various locations, connected by systems that enable clear communication and collaboration. The studio blends indie craftsmanship with advanced technology to deliver games that emphasize genuine human experiences and personal resonance. Revenue comes from selling games, in-game purchases, and potential partnerships or licensing deals. Unlike many competitors, Possibility Space emphasizes an inclusive, globally sourced workforce and a focus on meaningful, human-centered experiences, rather than purely genre-driven trends. The company’s goal is to build a loyal community of players and attract top talent by delivering thoughtfully crafted games that balance intimate storytelling with ambitious scope.

About Possibility Space

Simplify's Rating
Why Possibility Space is rated
D
Rated D+ on Competitive Edge
Rated D+ on Growth Potential
Rated D- on Differentiation

Industries

Consumer Software

Entertainment

Gaming

Company Size

51-200

Company Stage

Seed

Total Funding

$50M

Headquarters

New Orleans, Louisiana

Founded

2021

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Simplify's Take

What believers are saying

  • AI procedural narratives enable personalized player storylines at scale.
  • Mature remote tools like Unreal Pixel Streaming boost development velocity.
  • Indie partnerships with Epic and PlayStation expand revenue streams.

What critics are saying

  • Jeff Strain's closures at Pixelbite, Hothead, ArenaNet block funding.
  • Abrupt 2024 shutdown via email fired all staff without warning.
  • Distributed model caused coordination failures and zero games released.

What makes Possibility Space unique

  • Distributed studio founded 2021 by Jeff Strain attracts global talent.
  • Blends indie craftsmanship with AAA technology for human experiences.
  • Mentors underserved communities through hiring and training programs.

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Funding

Total Funding

$50M

Above

Industry Average

Funded Over

2 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$25M
Possibility Space

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